HRT Financial LP trims Ridgetech (RDGT) stake with open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HRT Financial LP, a ten percent owner of Ridgetech Inc., reported an open-market sale of 8,091 shares of Common Stock at $1.60 per share. After this transaction, the reporting holder still owns 119,751 shares directly, indicating it retains a substantial position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,091 shares ($12,946)
Net Sell
1 txn
Insider
HRT FINANCIAL LP
Role
null
Sold
8,091 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,091 | $1.60 | $13K |
Holdings After Transaction:
Common Stock — 119,751 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 8,091 shares
Sale price: $1.60 per share
Shares owned after sale: 119,751 shares
+1 more
4 metrics
Shares sold
8,091 shares
Open-market sale of Common Stock on 2026-06-15
Sale price
$1.60 per share
Price for the 8,091 shares sold
Shares owned after sale
119,751 shares
Directly owned Common Stock following transaction
Net share change
-8,091 shares
Net-sell direction in transaction summary
Key Terms
ten percent owner, open-market sale, Common Stock, Form 4
4 terms
ten percent owner regulatory
"is_ten_percent_owner": 1"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did HRT Financial LP report for RDGT?
HRT Financial LP reported selling 8,091 shares of Ridgetech Inc. Common Stock. The transaction was an open-market sale at a price of $1.60 per share, disclosed in a Form 4 insider trading report filed with the SEC.
What type of insider transaction did Ridgetech (RDGT) disclose?
Ridgetech Inc. disclosed an open-market sale of Common Stock by HRT Financial LP. The Form 4 identifies transaction code “S,” representing a sale in open market or private transaction, rather than a grant, option exercise, or tax withholding event.